Residential Income

Blue Hill, ME Residential Income Properties for Sale

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Sedgwick, ME Surry, ME Penobscot, ME Brooksville, ME Trenton, ME Brooklin, ME Ellsworth, ME Bar Harbor, ME
Multi-Unit Apartment Building with Bay Views
Updated: Jul 7
Multi-Unit Apartment Building with Bay Views

515 Falls Bridge Road, Blue Hill, ME 04614

$1,125,000
7,700 sqft 2.05 AC lot
2.05 surveyed acres perched above Blue Hill Bay
7,700± SF building with five apartments across four levels
Two approx. 1,900‑SF two‑to‑three bedroom, two‑bath units on floors one and two
Propane‑fired central hot water heating system plus baseboard and hot water heat
Reported improvements: newer roof and updated kitchens
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Apartment Building with Overhead Cranes
Updated: Jun 3
Apartment Building with Overhead Cranes

176 Ellsworth Road, Blue Hill, ME 04614

$950,000
10,000 sqft 0.95 AC lot
Six‑unit apartment building built in 1990 (two 2‑bedroom units, four 1‑bedroom units) fully tenanted
Commercial building built in 2011 with long‑time retail tenant plus large garage door, two overhead cranes, and 600‑square‑foot freezer
0.95‑acre mixed‑use property at 176 Ellsworth Road with parking in front and behind the buildings
3‑phase 200‑amp service and an additional 200‑amp service
Well and private water with private sewer; shingle roof
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Mixed-Use 6-Unit Apartment Building
Mixed-Use 6-Unit Apartment Building

176 Ellsworth Road, Blue Hill, ME 04614

$950,000
10,000 sqft 0.95 AC lot

Built in 1990 and fully occupied, with 2 two-bedroom units and 4 one-bedroom units.

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Multi-Family Building with Bay Views
Multi-Family Building with Bay Views

515 Falls Bridge Road, Blue Hill, ME 04614

$1,125,000
7,700 sqft 2.05 AC lot

The Henhouse is a five-unit, four-level apartment building on 2.05 acres with many units offering Blue Hill Bay views.

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Mixed-Use Building with Overhead Cranes
Mixed-Use Building with Overhead Cranes

176 Ellsworth Road, Blue Hill, ME 04614

$950,000
10,000 sqft

Six-unit apartment building plus a larger retail structure with overhead cranes, large garage door, and freezer, both fully occupied.

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 Active listings in Blue Hill, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Duplex with Separate In-Law Apartment
Duplex with Separate In-Law Apartment

9 Laurel Street, Ellsworth, ME 04605

$539,000
3,310 sqft 0.61 AC lot

Duplex in-town Ellsworth with a remodeled layout, separate in-law apartment, fenced backyard patio, and off-street parking.

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Carriage House With Screened Porch
Carriage House With Screened Porch

103 Pine Heath Road, Bar Harbor, ME 04609

$724,000
1,375 sqft 2.02 AC lot

Carriage house with a 2-bed unit above the garage and a 1-bed ground-level living area with a screened porch.

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Triplex with Oceanfront Views
Triplex with Oceanfront Views

118 Old Bar Harbor Road, Bar Harbor, ME 04609

$799,000
2,775 sqft

Three residential apartments plus a small post office, with oceanfront access in Salsbury Cove.

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Mobile Home Park with Expansion Lot
Mobile Home Park with Expansion Lot

85 Atlantic Highway Highway, Ellsworth, ME 04605

$399,000

Seven-pad mobile home park with an additional one-acre lot for possible expansion and three homes currently on site.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Land in Sedgwick, ME
Residential Land in Sedgwick, ME

539 Sedgwick Ridge Road, Sedgwick, ME 04676

$115,000
2.23 AC lot

2.24 acre lot ready for your future home!

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Land in Peaceful Brooksville Setting
Land in Peaceful Brooksville Setting

Blueberry Ridge Way lot: #3, Brooksville, ME 04617

$39,000
2.65 AC lot

Spacious 2.65-acre parcel in a lovely Brooksville subdivision.

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Waterfront Shoreland Development Parcel
Waterfront Shoreland Development Parcel

M035L11-14 Ring Bolt Lane, Surry, ME 04684

$69,000
1.30 AC lot

Gated dead-end waterfront lot with septic design in place for a 3-bedroom home plus 2-bedroom in-law apartment.

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Waterfront Land on Toddy Pond
Waterfront Land on Toddy Pond

Toddy Drive lot: 21-10, Penobscot, ME 04476

$199,000
5.95 AC lot

5.95 acre waterfront parcel on Toddy Pond in Penobscot, ME.

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Blue Hill, ME Residential Income Properties Market Trends and Statistics

Explore 5 residential income properties for sale in Blue Hill, ME, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 45,400 square feet of properties for sale, with an estimated market value of $5,100,000.

Sale prices for residential income properties in Blue Hill, ME start at $950,000, averaging $1,020,000, and reaching up to $1,125,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 5
Multifamily properties 5

Demographics Overview

Population 2,811
Population Growth (5Y) +5.6%
Median Household Income $70,164
College Educated 74.2%

High-Yield Neighborhoods for Investment

Identify Blue Hill submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
04614 $1M

Taxes & Financing

Tax Rate (average for all types) 1.33%
Tax Rate vs County Average 0.24 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hancock County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Hancock County

Retail

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